Indian firms pin hopes for cheaper LNG on US shale

Sara Stefanini and Siddharth Srivastava

15 October 2012 | 14:01 GMT

Natural Gas News - Indian firms pin hopes for cheaper LNG on US shale

State-run Oil India and Indian Oil have joined the bandwagon of Indian companies investing in United States shale assets. The deal was driven by hopes that US LNG will be cheaper than the oil-indexed supplies India now receives, Oil India executives told Interfax.

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